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Tesla registered a 50M yuan China insurance brokerage in July, potentially seeking insurance product approval.
Tesla registered an insurance brokering firm in China in July, with a 50M yuan ($6.92M) capital, potentially seeking approval to sell insurance products there.
This move follows increased support for Tesla in China, with plans for a data training center and Full Self Driving software rollout.
The automaker had previously registered for insurance product sales in 2020, but removed that registration in April.
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Tesla registró un corretaje de seguros de 50 millones de yuan en China en julio, potencialmente buscando la aprobación del producto del seguro.